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Article Archive for December 2009

Dubai puts cap on rent hike (MalaysiaNews.net)
December 31, 2009 – 11:35 pm | No Comment

DUBAI: Dubai has set limits for increase in property rents in 2010 as part of efforts to stabilise the emirate’s realty market, rocked by the debt crisis, a media report has said. Dubai ruler She…

Khaleej Times Online – Dubal Supports Dubai Desert Classic (Khaleej Times)
December 31, 2009 – 11:03 pm | No Comment

DUBAI – The forthcoming Omega Dubai Desert Classic received a big boost with Dubai Aluminium (Dubal) extending its support to the premier golfing event that gets under way at the Emirates Golf Club from February 1 to 7.

Corruption up in Dubai state firms: police chief (Gulf Times)
December 31, 2009 – 10:48 pm | No Comment

Corruption at Dubai ’s state-linked companies is unusually high, the Gulf Arab emirate’s police chief said yesterday, but tough new penalties introduced this week could help curb fraud.

Dubai fest adds wings to air bookings (Express India)
December 31, 2009 – 10:14 pm | No Comment

Indian carriers flying to the Gulf destinations, especially Dubai have a reason to rejoice. With ‘Dubai Shopping Festival’ set to kick start on January 28, airlines such as Jet Airways, Kingfisher Airlines and national carrier Air India and also the Gulf-based carriers are already witnessing a surge of nearly 50% in seat bookings compared to last year.

Business : Dubai may Post 2pc of GDP as Budget Deficit (Khaleej Times)
December 31, 2009 – 9:52 pm | No Comment

DUBAI – Dubai is expected to unveil this month its 2010 budget that may post a deficit of 2 per cent of the emirate’s gross domestic product, according to the head of the budget committee.

Dubai puts cap on rent hike (The Times of India)
December 31, 2009 – 8:51 pm | No Comment

Dubai has set limits for increase in property rents in 2010 as part of efforts to stabilise the emirate’s realty market, rocked by the debt crisis, a media report has said.

Gebrselassie wins in Dubai Marathon trial (Malaysian Mirror)
December 31, 2009 – 7:09 pm | No Comment

TRIER, Germany -Ethiopian athletics legend Haile Gebrselassie won the Trier Corrida here on Thursday as he warms up for next month’s Dubai Marathon.

Gebrselassie wins in Dubai Marathon trial (AFP via Yahoo! News)
December 31, 2009 – 5:31 pm | No Comment

Ethiopian athletics legend Haile Gebrselassie won the Trier Corrida here on Thursday as he warms up for next month’s Dubai Marathon.

Dubai issues new rules on property rentals (MalaysiaNews.net)
December 31, 2009 – 4:51 pm | No Comment

Dubai, Dec 31 (IANS) Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum Thursday issued a decree specifying the limits on increase in property rent values for the year 2010, WAM news agency reported.

Dubai Shares Fall, Capping World’s Worst Performance This Month (Bloomberg)
December 31, 2009 – 3:35 pm | No Comment

Dec. 31 (Bloomberg) — Dubai’s benchmark share index declined in low trading volumes, capping the world’s worst performance this month. Emirates NBD PJSC, the United Arab Emirate’s biggest bank, fell 3.9 percent to 2.95 dirhams.

BURJ DUBAI WELCOMES FIRST RESIDENTS FROM FEB 2010 (Bernama via Yahoo! Malaysia News)
December 31, 2009 – 2:58 pm | No Comment

DUBAI, Dec 31 (Bernama) — Burj Dubai, the world’s tallest building, will receive its first residents as early as February 2010.

Heat on World Cup wannabes in Dubai sun (Brisbane Times)
December 31, 2009 – 2:11 pm | No Comment

DUBAI: For the vast majority of the 23 Australian footballers who have been gathering together in Dubai during the past week, the next seven days could be the most critical period in their professional lives.

Dubai constructions update by Imre Solt: Burj Dubai to welcome …
December 31, 2009 – 2:09 pm | No Comment

Dubai, UAE ; December 31, 2009: Burj Dubai, the world’s tallest building by Emaar Properties, will receive its first residents as early as February 2010. They will be the first of over 12000 people who will live and work in the mixed-use tower … An orientation programme for customers is currently ongoing, taking them through the Burj Dubai lifestyle experience that awaits them. Emaar has

Dubai crisis halt Gulf stocks rebound in 2009 (Middle East Online)
December 31, 2009 – 1:44 pm | No Comment

Most of Gulf bourses started to decline on Dubai debt woes after reaching their highest point of 2009 in October.

Property Advice Dubai-News: Leasing of Single Business Tower in …
December 31, 2009 – 1:24 pm | No Comment

One of the leading developers in the UAE , DIP- The Dubai Investment Properties, has announced the beginning of the leasing process of their latest commercial development called Single Business Tower. … Labels: Business Bay, business in Dubai, Business tower, commercial properties in Dubai, commercial real estate, developments in Dubai, developments in Lebanon, Duabi real estate, Dubai business , dubai commercial property, Dubai news, dubai property, Dubai

Dubai sets new rent cap for 2010 (Central Chronicle)
December 31, 2009 – 1:22 pm | No Comment

Agencies Dubai, Dec 31: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued a decree on property rent cap in 2010 to ensure the stability of property market in the emirate.